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boehner proposed this week. what john boehner is advocating is making medicare available to fewer americans. as it happens, there is brand-new polling out today on how americans feel about the idea of congress using these deficit negotiations to make cuts to medicare. 79% of americans say they do not want congress to touch medicare in these deficit negotiations. 79%. if you want to get specific about john boehner's proposal, what he wants to do to medicare is to raise the eligibility age from 65 to 67. and as it turns out, there is also recent polling on that specific proposal. and it is also super unpopular. look at this. almost 70% of americans say they oppose raising the eligibility age for medicare. that number is slightly higher among republicans than it is for the general population. more republicans oppose john boehner's plan than the already extremely high margin of the general public that opposes john boehner's plan. now, if you're following the news very closely in this slow-motion, groundhog day-esque political negotiation, maybe yoç already knew that john boehner want
billion out of medicare and now they want to make cuts to medicare and other entitlements part of the equation to get anything agreed to. we need to reform our social insurance system, particularly in medicare. we did that in the affordable care act and people forget the significant changes of medicare in that law and we ought to be content to let some of those actually play themselves out before we start messing around with something that's so important to 50 million americans. >> i believe you've pointed out in the past the cuts that were made with medicare are the same cuts that the president was attacked for during the election. >> exactly. these are savings, about a third of which were reducing the subsidy for insurance companies providing medicare advantage programs and the rest of them pretty much cut to providers and we didn't reduce services. we expanded some while leaving money over the long term and the cbo said the affordable care act will save $1.2 trillion. again, we need to be careful what we do with the medicare portion of the social safety net because we've act
soup can do. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i'd have nothing to lose [ male announcer ] zales is the diamond store. take up to an extra 15 percent off
. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. plus with the pharmacy saver program, you can get prescriptions for as low as $2 at thousands of pharmacies in retail locations like these, all across the country. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making me
costs. you'll be able to choose any doctor who accepts medicare patients. and you never need referrals. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. >>> welcome to "newsroom international." i'm suzanne malveaux. here's what's employing on right now. a frantic search for survivorsunder yea in the southern philippines. a massive typhoon washed away houses, levelled buildings, triggering landslides as well. at least 274 people are now dead. that number could go even higher because hundreds of people who are still missing. the misery not yet over. the storm is expected to continue to dump heavy rain in philippines until tomorrow. >>> to iran where officials claim they have gotten some damning information from that u.s. drone they say they captured. the information that the iranians say now proves that the u.s. was spying on iran's military sites and its oil terminals. the u.s. has been trying to block iran's oil exports as part of an effort to get iran to give up it'
. we've got to tackle and make the difficult choices. >> what about his $400 billion in medicare? is your problem with it that it's not specified? do you want to see a more specific laundry list or do you have to produce a laundry list before he's going to come up with his? is this a giant game of chicken. >> >> that's what's unfortunate. that's what i think the parties should be sitting at a table, speaker boehner is on the absolute right track, shown a willingness to be able to talk about things that we haven't been able to talk about before and they need to sit down and hash this out. there's nothing like a deadline to drive these types of decisions. i've said what should happen is it should be happening right now, what i think will happen is it will happen probably at the end of the year before the deadline. deadlines drive action. but yeah, i want to get to the specificity that we all need. >> congressman, thank you very much. thanks for joining us today. >> thanks, andrea. >> up next, we'll talk to judy gross, the wife of an american contractor jailed in cuba. why she's spe
are popular. you want more medicare cuts show me what you want and i think this is a perfectly normal negotiation and i was thinking on the way here, chris, you and i have an advantage in this. you and i covered albany, new york on the state legislature there, where you had a divided legislature, unbelievably contorted by budget fights and in the end they usually made a deal. it was complicated, sometimes it was ugly but they got to a deal. >> but they often got to it very late as you'll recall and state workers didn't get paychecks. >> this did happen. but they got there. and i ambiting more on a deal than not. i think there are some compromise points, for example, raise the top rate almost to where obama wants it and fill it in a little bit with some reduction in deductions. that's not impossible to imagine. but i think the notion that the republicans don't have to put anything on the table, i think those days are over and it's time for them to say all right here's what we want. >> can't come as any surprise to the republicans no matter what they want to say about it the president w
billion in medicare and other entitlement savings, as well as a permanent increase in the debt limit among other things. so far, the rhetoric has not softened. treasury secretary tim geithner arriving on capitol hill for high level talks, most notably with house speaker john boehner. >> good morning, everyone. >> how did it go? just listen. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious. about real spending cuts. >> a much gloomier assessment from the initial prethanksgiving huddle at the white house. boehner described his meeting with geithner as frank and direct, the same way he described his phone call with the president the night before. and for the past two weeks there has been no substantive progress. >> most public statements have been optimistic, confident, hopeful. we're all sensing a very different tone from you right now. are you walking away from talks? have things completely broken down? >> no, no, no, no. stop. i'm disappointed in where we are, but going over the fiscal cliff is serious business. i'm here seriously
says deserves the blame. >>> also, social security and medicare in focus. is this economic backdrop cost cutting? should these programs be torn down to keep our economy from hitting disaster down the road? we'll debate this hot-button issue coming up. stay with us. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. card hassles? introducing chase liquid. the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase depositfriendly atm and checks right from your smartphone. get rid of prepaid problems. get chase liquid. >>> welcome back with today's session in the books, there are now just 21 days in the trading year left. let's look at the winner
in cuts both in the form of cuts to entitlements, and other, like, medicare. and then some limiting of farm subsidies. and then $50 billion in additional stimulus spending, and some other measures. those are some of the -- just the big highlights, brooke. and i would add that secretary gheit meeithner made clear over weekend that the tax increases they would like to see would be a return to the clinton era rates for the top 2%. and some of this, you know, is what he laid out with the president laid out after the debt deal last year. so it is a proposal that is familiar from the white house, not something fresh and new. so the white house says, you know, the republicans shouldn't be shocked. republicans are saying we're shocked because it's not a compromise. they were expecting something different and more -- more -- more of an outreach and they say it didn't do enough to win them over. >> as you point out, the ball is in their court. we'll see how and when they respond. jessica yellin, thank you. keep us posted on the president's tweeting today as well. and i don't know if you caugh
't miss this. shopping for medicare coverage? don't wait. open enrollment ends december 7th. now's the time to take action. call unitedhealthcare today. >>> now to egypt. several new developments today. first off, dmon straights prompted the u.s. to shut down the embassy there. the embassy was not under fire but clashes between protesters and riot police clogged streets around the complex. this chaos is going on for days as demonstrators threatened the new islamic president morsi with a second revolution. >>> and then there's this. lawmakers dominated by islamists are now rushing to draft a new constitution. this move is seen by some of morsi's critics as an effort by the muslim brotherhood to hijack the constitution. and amid all of this, president morsi is on the cover of "time" magazine. "time" calls him the most important man in the middle east and boasts an exclusive interview credited with getting israel and gaza to end fighting. let's bring in the "time" bureau chief and got the interview and joins us from tel aviv. thank you for joining us and why is morsi the most import
yesterday. $1.6 trillion in tax cuts. $400 billion in cuts to medicare and other entitlement programs. $50 billion additional in stimulus spending. no real structural reform to entitlement programs. no spending cuts. instead, stimulus spending. obviously, the president knew that this would be an unacceptable first offer. so what is the end game here? where is the president's bottom line? >> listen, this is a negotiation. it isn't about the president's bottom line or my bottom line or yours. it's a negotiation. and the sad part is, that the administration, the president, has laid down an offer. there's several things in there we know the republicans like, and yet they refuse to lay down an offer. all they do is come out, and mitch mcconnell laughs, and boehner says it's terrible. there's a fiscal cliff, and this offer isn't good. show me the money, folks. you have the power. you're bragging about the fact that you kept the house. good. show us your offer. put down your offer. now, here's my view on this. and it is the same as the president's in this respect. rough the biggest aspects of the
. no wonder the industry is facing potential cut in medicare, which amounts to about $11 billion. as government debates where to cut, the fact is, half of health care spending in general is done through government programs like medicare. it is the austerity cross hairs. the ceo of the new york presbyterian hospital is with us. give me your concerns or feelings as we approach this fiscal cliff. do you think we'll get a deal done, or are you anticipating we go over the cliff? >> we're americans. we have to get a deal done. this is really important, and it's important for health care. at some point in time, we're going to have to come to grips with the fact there's got to be revenue. you have to have some rate increases, in my opinion. charitable deductions are a non-starter for us. that's a big issue. universities, hospitals, we depend on charity and charitable donations. >> let's stop right there because i want to take one part at a time. the charitable deductions, this is one of those deductions within the tax code that's being debated. that and as well the mortgage deduction. yo
, but what counts is what he's willing to put on the table and so far, he hasn't put medicare and social security, saving and preserving those entitlement programs on the table. i believe they have to be, because if we're going to preserve those for future generations, we need to do something meaningful on those. the problem is, erin, if we just do cuts in temporary spending, those can easily be undone. we know there's been a lot of promises made in exchange for tax increases and it never comes to pass when it comes to spending cuts. >> there was a "washington post" poll which said raise taxes on incomes over $250,000 a year, 60% support it. when you ask about raising medicare coverage from 65 to 57, most people oppose that. so do you have the courage to say, we have to raise retirement age. raising taxes on the wealthy is easy. >> it is hard to do and you can't do it on a partisan basis. this election did not produce a mandate for president obama or our democratic friends, we have got exactly the same thing we had before the election which is divided government. >> he has more people in
who are, you know, middle class, seniors who are on medicare, young people who are trying to get student loans to go to college. i can't ask them to sacrifice and not ask anything of higher income folks. lou: great news on the economy, will higher taxes screw it up? two of the best economic thinkers join us, deutsche bank senior u.s. correspondents will be here joining us next. detroit on the edge of bankruptcy as city councilwoman with a rather direct, plain spoken solution saying it's simple. the city voted for obama. now obama must bail out mo-town, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and psonal attention. which is why we arare proud to parer with healh care professionals who understand the difference that quality time with our members can me... that's a very nice cake! ohh! [ giggles [ le announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals w helped us achieve the highest average star rating among n
specified. we're looking at entitlements such as medicare. and then the plan also includes $50 billion in stimulus spending. democrats see this really as sort of the opening salvo in these negotiations. early on in this process, both sides appear to show some level of optimism that this would get done. in the last few days and certainly yesterday it just seems like both sides are so far apart, it's not unusual for us to see this kind of posturing and other negotiations, tough negotiations over the last four years or so. you'll see things build up whether it appears that it's going to get done. then they fall apart. in the end it does happen. the hope is that that would happen here as well. both sides seemingly far apart still. >> neither side, dan, wants to say anything that would potentiallyg suggest they're giving up any leverage. republican aides say the white house author is completely unbalanced and unrealistic, citing the $1.6 trillion in tax hikes. yet the tax rates being proposed are less than they were during the clinton era. where do we go from here? >> reporter: where we go
that mean for medicare? break it down in terms of where these savings come from. >> i wish i could. what we don't have here is a lot of detail hanging off this christmas tree at this point. we're looking at a couple of bullet points being released now in terms of the scale of the deal. it gives us overall broad numbers. presumably negotiators would have to go in and fill in details of how they're get that kind of savings. there have been a lot of proposals on health of finding billions of dollars of savings by reducing overhead and other things like that. you've seen the unions come out and say they don't want to see any changes at all that would hurt payoffs to beneficiaries in terms of health care. that would be one of the sticking points between republicans and democrats. we would have to see more detail from boehner's office and how they plan to get to the number of $600 billion. >> broadly speaking, these numbers are similar to where they left it on the table last year during those failed negotiations for the grand bargain. these numbers are similar to the simpson/bowles reduction plan
is here. the time to choose your medicare coverage begins october 15th and ends december 7th. so call to enroll in a plan that could give you the benefits and stability you're looking for, an aarp medicarecomplete plan insured through unitedhealthcare. what makes it complete? it can combines medicare parts a and b, which is your hospital and doctor coverage with part d prescription drug coverage, and more, all in one simple plan starting at a zero dollar monthly premium -- no more than what you already pay for medicare part b. an aarp medicarecomplete plan offers you benefits like an annual physical, preventive screenings and immunizations for a $0 copay. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. there's more. when you enroll in an aarp medicarecomplete plan insured through unitedhealthcare, your benefits could also include vision and hearing coverage, and prescription drug coverage accepted at pharmacies nationwide. the pharmacy saver program makes prescriptions available for as little at $2 at thousands of p
've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now.
that stood out to us was $600 billion in proposed savings in medicare reforms. how? in part by raising the age of eligibility to 65 to maybe 67. turning down the gop proposal, dan pfieffer said, quote, it provides no details on which deductions they would eliminate, which loopholes they will close or which medicare savings they would achieve." let's head now to the white house and dan lothian. the white house will not offer a counter proposal, right? what's going on here? >> reporter: well, you know, i think the white house is digging in. the president said early on in this process that he would only sit down and really move forward, negotiate on this in any meaningful way if the tax hikes for the wealthy expired. and republicans have been pushing back on that -- tax breaks rather for the wealthy expired and republicans have been pushing back on that, say they go believe that will be harmful for the economic recovery because wealthy americans are the ones who are creating the jobs and helping to turn this economy around. that remains the big sticking point. those bush era tax cuts, whi
of this as well, to the tune of $40 billion in stimulus and medicare and so forth. but no specifics as to exactly how they will come up with that number. again, republicans as you pointed out just a few minutes ago are not happy by this at all. john boehner saying that the two sides are no closer than they were two weeks ago and saying that democrats really need to get serious about negotiating here. this could all be a tactic. maybe it isn't as far apart as it appears, but publicly at least it seems like there's a lot of distance before they can get a deal here. >> i'll say. all right, dan lothian, thank you for that. do appreciate it. >>> want to head to the united nations now something you consider one heck of a historic vote. take a look. >> the voting has been completed. please lock the machine. >> that is what it looks like when there's official approval to upgrade a member like this member, the palestinian authority, at the united nations. so, the palestinian authority now has a non-member observer status state. so, that is the same status held by the vatican, but it is not the same status
and medicare. that's the key to the deal, guys. now we end the week sort of nowhere. they'll be back at it again next week. >> all right. thanks so much, eamon javers. meanwhile, the marriott ceo was one of the ceos in the room with president obama this week in the fiscal cliff meetings. many of the executives saying that the white house sounded resounding resoundingly reasonable when describing plans to address the debt and deficit. >> so was this proposal the white house made yesterday with more spending and very few spending cuts, was that what mr. sorenson was expecting out of the gate? he joins us on the telephone with his thoughts. good to have you with us. >> glad to be with you. >> when you were with the other ceos at the white house, does it jive with what we're hearing about that made mitch mcconnell laugh yesterday? are those two plans one in the same? >> well, i'm hopeful that what's happening in the media is posturing by both parties and doesn't reflect where either party thinks a deal will end up. i think what the president talked with us about on wednesday afternoon wa
's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >>> the royal baby craze. talk of the most anticipated baby since -- yeah, that's probably right, suri cruise. the duchess of cambridge is expecting. the deputy prime minister says he expects a change in succession law that no longer dictates the next monarch must be male. this is a big thing. "outfront" tonight, raha lewis. appreciate your taking the time. explain this to me. what is this law change? >> essentially all it means is that it no longer makes a difference if you're a male or female, and you're in the line of succession to the throne. both male and female will be treated equally, as of october, 2011. >> okay. so it's retroactive. so if they can't get it fully passed, it's still okay. how fa
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details. we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equation as well as on the tax equation. the politics behind this latest republican counterproposal, are they just going through the motions of having their opening bargaining positions knowing that both sides are going to have to make concessions. >> reporter: the answer to that is yes. everybody knows that everybody is
... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. >>> jim's mad dash is focusing on retailing. >> i think we should focus on johnson & johnson who's going higher. reiterating the sale. they're going to have to preannounce again,
and about $400 billion in savings over ten years for medicare and other entitlement programs. >> despite the claims that the president supports a -- >> thousand is the time fnow is republicans to move past the happy talk about revenues, ill defined, of course, and put specifics on the table. the president has made his proposal. we need a proposal from them. >> today president obama is taking his pitch on the road. he will be visiting the philadelphia suburbs employing campaign style tactics in hopes of mobilizing the public to his side. he'll be speaking at a manufacturing facility arguing that businesses it depend on middle class consumers over the holiday season. despite all this, you see the futures today indicating higher. dow up by about 35. does that surprise you guys? >> no, i don't know. i think people still think that eventually they do what they have to do and that is talk to one another. we don't need to be -- i don't like the campaigning. i don't like going out and selling it. you keep telling your constituents to write their congress people or whatever. f trying to put press
from post 9 in a moment. [ male announcer ] if you're eligible for medicare... now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. >>> groupon shares falling. the company announced andrew mason will remain ceo which has seen stock fall almost 80% this y
is the only way of stabilizing debt. the sink guegle biggest driver medicare. so if we don't make those tough decisions now, all we've done is a european style kick the can down the road and, you know, it's tough to cut entitlements and it's tough to cap deductions. austerity doesn't have to look like just taxing your way out of it. if you want to not work, you just tax your way out of it. >> i think we have to remember that this is politics and not economics going on here. that's the most important thing i think people have to remember. and we know we want more revenue and cut spending. that's why we have the problem to begin with. you have to accept that issue. le politicians aren't willing to accept that issue yet. both are at extremes. if you accept they're both at exseee extre extremes, how did we raise revenue. because the politics, not because of economics, they will not raise marginal rates. >> although we have heard some people say they would go along with that. >> i agree. the center is actually saying that. but i think -- so if the democrats know that, which everybody knows, give o
the fiscal cliff, avert it, but at the enof the day take medicare and treat is as an important issue. >> at the end of the day, how many things will be kicked down the road like entitlements? >> we had 18 debt an deficit commissions since ronald reagan became president in 1981. in more than half of those, medicaid, medicare an social security were supposed to be part of fixing the debt and deficit, it never happened. if they kick the can down the road again without fixing entitlements in the process, entitlements still won't get fixed. >> we asked you to comment on the news and then sometimes you make news. the news about you, it says you are considering running in a primary to challenge saxby chambliss. are you any closer to a season? tell me what you're thinking and who is encouraging you to do that. >> well, you know, i said all along, no i'm not going to do this. i've been dismissive. in the past couple days, a number more prominent names have been calling and saying shy do it. i feel i owe them more consideration. i'm not closer to thinking i will do it, but i'm thinking about i
of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. >>> a little girl taken away from the parents who had loved her since birth, and then returned to a biological father who had never even met her. how can that be legal? and can the supreme court do anything to come to the parents' rescue? baby veronica is her name and her gut-wrenching story comes when "360" continues. >>> tonight, a cnn exclusive. the first on-camera interview with eccentric millionaire john mcafee since he went on the run from police in belize. the name may be familiar. he created the computer antivirus software bearing his name. police in belize want to question mcafee about the murder of his neighbor nearly three weeks ago. just days before the murder, mcafee's dogs were poisoned to death and he had a dis
need to say specifically what they want to cut. when they say entitlements, entitlements is medicare and medicaid. what do you want to do about medicare and medicaid? put it on the table, let us know. let the american people know. then we can ultimately come to a conclusion and maybe have that celebration you're looking for, piers. >> senator menendez, good to talk to you. thank you very much. >> thank you. >>> when we come back, i talk to leaders on both sides of the palestinian debate. do they think today's vote threatens the peace process? aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios ...but you still have to go to the gym. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have y
is a percentage of gdp is 24%. it's projected to go substantially higher. do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, what it added the our entitlement is 12 trillion. just that we did in the last two years. or whenever it was. >> but in terms of where we are now in this negotiation, i believe that both sides in the final analysis want a deal and the compromise is in the revenue side for the president and potentially rates which i think he's serious on and real entitlement reform for the republicans and the american people, markets, business, confidence, the able to move forward in 2013 is all a function of doing both of the things you talk about, joe. having an agreement to avoid the debt, the fiscal cliff, and then having a down payment on actually getting the $4 trillion identified. >> howard dean is a deficit hawk. liberal, but he is a deficit hawk. h
who've chosen an aarp medicare supplement insurance plan insured by unitedhealthcare insurance company. go long. and she was looking for a laptop at best buy. let's see if walmart has a similar laptop for less. let's go. dell 14" ultrabook. over $250 less than best buy. $250??!! with 2 gigs more memory! oh my gosh! and -- you get a $100 gift card. wow! chaching. see for yourself if you could save on the laptops you want. [ earl ] get this season's hottest brands -- like the dell ultrabook and receive a $100 gift card and when you make an electronics purchase of $599 or more on your walmart credit card, get no interest if paid in full within 24 months. america's gift headquarters. walmart. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is
. ask your doctor about levemir® flexpen. covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. >>> coming at the top of the hour, we will look at a controversial therapy that is making headlines nationwide. proponents say it can cure people of homosexuality. now one group of men is filing suit comparing the therapy to mental torture. we'll talk with one of them and his allegations are definitely going to shock you. >> let's check top stories now. >> the president and congress still no closer to finding a conclusion to this fiscal problem. president obama shared his plan gug a $1.6 trillion tax increase, part of which will come from increasing taxes on the wealthy. republicans have called that option a non-starter. >> rival protests are under way in egypt's capital right now. thousands of demonstrators have packed the streets around cairo university today to show support for president mohamed morsi. >> just across the nile river the opposition has been urging its followers to come out to tahrir square to protest morsi's expanded powers but so far it
to make sure that medicare and social security and other programs exist 20 years from now, there's that relationship to making sure there's a big enough revenue number. what he's laid out in terms of the rates just gets you a trillion. you will need net additional 500 billion beyond that i don't think he's overasked. everybody knows for those of us that have been successful, we'll pay more. more semantics about what format. let's have rates go back up. if we can really exercise the kind of discipline and tax reform that simpson-bowles and gang of six talked about it, we need to do that. >> speaker boehner would argue he's put a solution on the table that he'll compromise on deductions. in that context why is the treasury secretary being belligerent. you just need total tax rate. total tax take to rise on wealthy and not marginal rates. >> look at those plans that people have talked about. the speaker has talked a lot about simpson-bowles. they assume top rates went back up and you bliuilt the tax refo off that premise that included a top rate of 39%. the actuality is when we actu
on entitlements on the table. they are significant raising the medicare eligibility age from 65 to 67. and enacting a reduced inflation formula for social security benefits and other government programs. those are real tangible offers on entitlements that mean that even though the white house rejected the offer, carl, this is positive because now you have specifics from the white house on taxes, from the republicans on entitlements, that's the beginning of the conversation and the president is hoping the meeting with the governors helps move that along a bit. >> i thought it was really interesting there's a new beat to the country after the election defeat of romney the way in which the governors in las vegas who spoke about modernizing gop as you might do abroad. can they push the gop along to the extent that we get a deal sooner rather than later on this particular issue? >> reporter: in theory they could. in practice the national political dialogue and state level political dialogues move on separate tracks. the governors can lend their voices but they can't have a lot of influence
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